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Given the significant financing gap to meet the needs of developing countries and achieve the United Nations’ Sustainable Development Goals*, governments, multilaterals and other development partners are increasingly looking to the private sector to help fill this gap. This means applying innovative financing instruments which address investor risks to help crowd in private capital, optimizing the use of scarce public resources to advance development objectives.

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Results-Based Financing

Results-based financing includes a range of financing mechanisms where financing is linked and provided after the delivery of pre-agreed and verified results. RBF approaches can play a big role in the delivery of infrastructure and services.

What is Results-Based Financing?

It’s supplying 500,000 solar home systems to promote renewable energies and access to electricity in Bangladesh.

GPOBA is a global partnership program in the World Bank Group

Through a diverse portfolio of projects, GPOBA funds, designs, demonstrates and documents output-based aid approaches (OBA) to improve the delivery of basic services in developing countries. Large development projects too often fail to include the very poor, and GPOBA is dedicated to making sure the poor and marginalized have access to electricity, water, sanitation, health care, education and other basic services necessary for growth and opportunity.